PLTM vs. PLTR
Compare and contrast key facts about GraniteShares Platinum Trust (PLTM) and Palantir Technologies Inc. (PLTR).
PLTM is a passively managed fund by GraniteShares that tracks the performance of the Platinum London PM Fix ($/ozt). It was launched on Jan 22, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PLTM or PLTR.
Correlation
The correlation between PLTM and PLTR is 0.13, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
PLTM vs. PLTR - Performance Comparison
Key characteristics
PLTM:
-0.12
PLTR:
3.30
PLTM:
-0.02
PLTR:
3.53
PLTM:
1.00
PLTR:
1.48
PLTM:
-0.09
PLTR:
4.76
PLTM:
-0.27
PLTR:
17.73
PLTM:
10.57%
PLTR:
12.75%
PLTM:
23.03%
PLTR:
68.51%
PLTM:
-42.32%
PLTR:
-84.62%
PLTM:
-29.64%
PLTR:
-40.61%
Returns By Period
In the year-to-date period, PLTM achieves a 1.02% return, which is significantly higher than PLTR's -2.14% return.
PLTM
1.02%
-5.43%
-7.55%
-1.77%
4.40%
N/A
PLTR
-2.14%
-17.89%
84.98%
229.23%
N/A
N/A
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Risk-Adjusted Performance
PLTM vs. PLTR — Risk-Adjusted Performance Rank
PLTM
PLTR
PLTM vs. PLTR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for GraniteShares Platinum Trust (PLTM) and Palantir Technologies Inc. (PLTR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
PLTM vs. PLTR - Dividend Comparison
Neither PLTM nor PLTR has paid dividends to shareholders.
Drawdowns
PLTM vs. PLTR - Drawdown Comparison
The maximum PLTM drawdown since its inception was -42.32%, smaller than the maximum PLTR drawdown of -84.62%. Use the drawdown chart below to compare losses from any high point for PLTM and PLTR. For additional features, visit the drawdowns tool.
Volatility
PLTM vs. PLTR - Volatility Comparison
The current volatility for GraniteShares Platinum Trust (PLTM) is 5.86%, while Palantir Technologies Inc. (PLTR) has a volatility of 24.91%. This indicates that PLTM experiences smaller price fluctuations and is considered to be less risky than PLTR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.